Mercy House

Analysis

Mercy House is a registered charity in United States, based in Rock Hill, SC. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mercy House reported income of $124k and spending of $70k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $150k to $124k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mercy House sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 48th percentile within SC. Charities of a similar size with the same main cause include Bridgegaps Foundation ($124k), Thinktech Hawaii Inc ($124k) and Project Lamp Light ($124k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $109k against liabilities of $0, net assets of $109k.